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Tesla is set to report second-quarter earnings after the closing bell on Tuesday. Investors will be eyeing updates on the company’s AI initiatives, as well as a possible SpaceX merger. Sign up for First Trade, Business Insider’s daily markets newsletter. Tesla used to be the main event for earnings season. Retail investors hung on every…

Hormuz blockade lifts oil prices, threatening June’s energy-led disinflation. Photo by BeInCrypto US oil refiners are booming, and Wall Street’s 10th-ranked analyst just named three energy stocks to watch to play the run. The margin refiners earn by turning crude into fuel hit a record, and none of his three picks are the oil majors…

For more than 130 years, the Dow Jones Industrial Average (^DJI +0.74%) has served as one of Wall Street’s most-watched health barometers. It’s expanded from an industrial-dominated 12-stock index to one that now houses 30 diverse, multinational businesses. It’s also an index built around change. Since May 1896, there have been 54 instances in which…

By Tharuniyaa Lakshmi and Purvi Agarwal July 22 (Reuters) – European shares inched higher on Wednesday, driven largely by energy stocks, as crude oil hit six-week highs, although investors remained cautious ahead of earnings ‌from U.S. tech firms. The pan-European STOXX 600 index gained 0.4% to 645.83 points by 0848 GMT. Most sectors ‌inched higher,…

The Social Security Administration (SSA) has unveiled a set of new online tools designed to make it easier for Americans relying on disability benefits. The tools can help Americans track their cases, submit documents and receive important notices digitally. “Our digital-first approach to service is now extending to disability through the Claim Status Tracker, expansion…

Nvidia Inc (NVDA) stock has been trading in a range for the past several months. This has attracted short-sellers of NVDA out-of-the-money options. Today, there is huge volume in less-than-2-week …

(Bloomberg) — The Kevin Warsh Fed is already putting its stamp on financial markets: Just days before the central bank’s next meeting, traders are still split on whether it’s going to raise interest rates or not. Most Read from Bloomberg Swaps markets indicate traders see a roughly 30% chance that the Federal Reserve will raise…

Key Points Berkshire Hathaway owns 400 million shares of Coca-Cola stock. The company has a long history of dividend growth, and revenue is continuing to expand. Berkshire receives more than 60% of the total cost basis of its Coca-Cola investment annually in dividends alone. There’s a reason why they call Warren Buffett “the Oracle of…

Quick Read Tesla holds a $2 billion SpaceX equity stake while Rocket Lab’s revenue grew 63% year over year, yet both stocks are sharply down. Wood’s core bet is orbital data centers, where SpaceX owns the cheapest launch path and already rents capacity to Anthropic and Google. A $116 billion share unlock drops into an…

On June 12, Space Exploration Technologies (NASDAQ: SPCX) became the largest initial public offering (IPO) in U.S. history as measured by market value. The rocket and satellite company was worth nearly $1.8 trillion at the listing price of $135 per share. SpaceX peaked around $202 per share on its third trading day. However, the stock…